Thryve Wealth Management LLC Invests $3.25 Million in iShares Floating Rate Bond ETF $FLOT

Thryve Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, Holdings Channel.com reports. The fund purchased 63,967 shares of the company’s stock, valued at approximately $3,253,000. iShares Floating Rate Bond ETF accounts for 1.6% of Thryve Wealth Management LLC’s portfolio, making the stock its 15th largest position.

Several other institutional investors have also bought and sold shares of the company. Financial Sense Advisors Inc. increased its position in iShares Floating Rate Bond ETF by 772.5% in the third quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock worth $36,141,000 after buying an additional 626,378 shares during the last quarter. Focus Partners Wealth increased its holdings in iShares Floating Rate Bond ETF by 5,292.9% in the 4th quarter. Focus Partners Wealth now owns 598,555 shares of the company’s stock worth $30,443,000 after acquiring an additional 587,456 shares during the last quarter. New England Private Wealth Advisors LLC increased its holdings in iShares Floating Rate Bond ETF by 1,456.2% in the 4th quarter. New England Private Wealth Advisors LLC now owns 510,009 shares of the company’s stock worth $25,952,000 after acquiring an additional 477,237 shares during the last quarter. Northern Trust Corp raised its stake in iShares Floating Rate Bond ETF by 8.6% in the 4th quarter. Northern Trust Corp now owns 5,453,861 shares of the company’s stock valued at $277,383,000 after acquiring an additional 432,264 shares during the period. Finally, Milestone Asset Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 2,121.5% during the fourth quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock valued at $18,677,000 after purchasing an additional 350,700 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.1%

Shares of BATS:FLOT opened at $51.00 on Friday. The company has a 50-day moving average price of $50.95 and a two-hundred day moving average price of $50.92. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09.

iShares Floating Rate Bond ETF Profile

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.